November 2014

Cover Story

Reg NMS created a huge bifurcation in equity markets and while much of what has followed has been positive, in terms of lower fees and greater liquidity, many traders would like to see the market come back together.

Trends

One of the main problems with the current equity market structure that pushed Brad Katsuyama, global head of electronic sales and trading at RBC Capital Markets, to apply for a new exchange, ironically enough, is that there are too many trading venues.

Editor's Note

Forex Trader

The forex market has swung into action recently with big moves taking place in the U.S. dollar. After a period of historically low levels of volatility, these recent trends are music to the ears of momentum traders.